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Strong Production From Bruce Power During Ontario Cold Snap

TIVERTON, ONTARIO--(Marketwired - Jan. 8, 2014) - Bruce Power continued to produce over a quarter of Ontario's power this week during some of the most extreme cold weather to hit the province in recent history on the week the Ontario government announced the provinces' largest coal plant at Nanticoke is now out of service.

"The site continues to provide a reliable supply of electricity 24-7 providing about over a quarter of the province's electricity so families and businesses have a reliable supply of electricity to meet their needs under these severe weather conditions," said Duncan Hawthorne Bruce Power's President and CEO.

"We are providing this reliability with coal generation being phased out in Ontario and the system continues to operate reliably with cleaner sources of electricity such as Bruce Power nuclear and that's good news," added Hawthorne.

The return of 3,000 MW of Bruce Power nuclear over the past decade has played a major role in improving Ontario's air quality. With the revitalization of the Bruce site since 2001, Bruce Power has generated 70 per cent of the energy needed to shut down all of Ontario's coal plants, Hawthorne said.

Bruce Power operates the world's largest operating nuclear generating facility and is the source of roughly 25 per cent of Ontario's electricity. The company's site in Tiverton, Ontario is home to eight CANDU reactors, each one capable of generating enough low-cost, reliable, safe and clean electricity to meet the annual needs of a city the size of Hamilton. Formed in 2001, Bruce Power is an all-Canadian partnership among TransCanada, Cameco, Borealis Infrastructure Management (a division of the Ontario Municipal Employees Retirement System) as well as the Power Workers' Union and Society of Energy Professionals. A majority of Bruce Power's employees are also owners in the business.